Short Interest in Main International ETF (BATS:INTL) Decreases By 78.3%

Main International ETF (BATS:INTL) saw a large decline in short interest in the month of May. As of May 29th, there was short interest totaling 9,127 shares, a decline of 78.3% from the May 14th total of 42,055 shares. Based on an average daily volume of 20,171 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.2% of the company’s stock are short sold.

Hedge Funds Weigh In On Main International ETF

An institutional investor recently raised its position in Main International ETF stock. Main Management LLC grew its holdings in Main International ETF (BATS:INTL) by 2.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,735,118 shares of the company’s stock after purchasing an additional 89,077 shares during the period. Main International ETF comprises 7.5% of Main Management LLC’s portfolio, making the stock its 6th largest holding. Main Management LLC owned about 72.39% of Main International ETF worth $104,247,000 as of its most recent SEC filing.

Main International ETF Stock Down 0.1%

Shares of BATS:INTL opened at $30.16 on Wednesday. The company’s fifty day moving average is $30.19 and its two-hundred day moving average is $29.28. Main International ETF has a 12-month low of $24.83 and a 12-month high of $31.55. The company has a market cap of $155.63 million, a P/E ratio of 16.04 and a beta of 0.80.

Main International ETF Company Profile

The Main International ETF (INTL) is an exchange-traded fund that mostly invests in total market equity. The fund is a fund-of-funds containing non-US equity exposure. The fund is actively managed, seeking long term capital appreciation through equity exposure and covered option writing strategies. INTL was launched on Dec 1, 2022 and is managed by Main Funds.